Investors holding Greek sovereign debt issued under foreign laws and denominated in dollars, euros, Swiss francs and yen said no to a Greek restructuring plan, leaving the country to find another way through its debt maze as it seeks to avoid outright financial collapse.

Greece missed yet another deadline on Tuesday, with Prime Minister Lucas Papademos scheduled to meet with party leaders on Wednesday in yet another effort to put the seal on an agreement necessary to secure another bailout package.

Tax officials in Greece further complicated the country's efforts to cope with its austerity measures in the midst of the debt crisis as they walked off the job on Thursday, shutting down tax offices for the last two working days of the year.

Even as the International Monetary Fund approved the release of a new tranche of aid for Greece, its head, Christine Lagarde, said that the nation was in a difficult phase' as its economic reforms were slow to take effect and its growth very weak.

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